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. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org captioning sponsored by wpbt >> this is n.b.r. >> susie: good evening everyone. i'm susie gharib. blockbuster earnings from j.p. morgan, and goldman sachs. but will they be able to keep up the pace? >> tom: i'm tom hudson. the growing concern over america's ability to pay its i.o.u.s is turning into a debate over the definition of a "debt default." why washington's wrangling could hurt the u.s. economy. >> susie: and from ch
. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the...
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Jan 17, 2013
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. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org vo:geico, committed to providing service to its auto insurance customers for over 70 years. more information on auto insurance at geico.com or 1-800-947-auto any time of the day or night.
. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the...
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this is made worse by those cities teetering on the edge of bankruptcy since wall street crashed our economy and the bush housing bubble loaded everyone with debt now to get their balance sheets in order cities are cutting public services and selling our commons off to private corporations frankly don't like unions and don't give a damn about paying their workers a living wage luckily as we've seen over the last few years american people are starting to say enough is enough and are going on strike in wisconsin ohio and wal-mart's across the nation of fast food joints in new york city and as shipping ports on both the east and west coasts and as we know progressive change in america has always move forward by the efforts of organized working people. and one more story twenty six year old internet activist aaron swartz was laid to rest on tuesday just outside of chicago after taking his own life over the weekend at the funeral schwartz's father told mourners that his son was quote killed by the government and quote schwartz who was caught tapping into the mit network and downloaded millions of
this is made worse by those cities teetering on the edge of bankruptcy since wall street crashed our economy and the bush housing bubble loaded everyone with debt now to get their balance sheets in order cities are cutting public services and selling our commons off to private corporations frankly don't like unions and don't give a damn about paying their workers a living wage luckily as we've seen over the last few years american people are starting to say enough is enough and are going on...
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Jan 17, 2013
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FOXNEWS
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the fact is they do negotiate higher time, their workers but that comes with a cost to the whole economy, making it less dynamic, less easy for businesses to hire more workers and at a time when we have 8% unemployment, that's not something that a lot of businesses can afford. >> now, a lot of those same union leaders say, you get what you pay for, and there are offering cut raitt salaries to workers who might appreciate the jobs, but in the end, aren't going to be very happy in those jobs. what do you think? >> i think overall people are gibbing to see that unions are out to help union worker but very often at the expense of nonunion works and that's where we're getting in trouble. the american public at large is overwhelmingly moving sort of -- public support is moving against unions, gallup found that 42% would like to see unions be less influential. they feel at if there are negotiations going on for union workers but they come at a cost for all workers, creating less opportunity for all workers and for the economy at large. what is the message. you say lab you wins every time. union
the fact is they do negotiate higher time, their workers but that comes with a cost to the whole economy, making it less dynamic, less easy for businesses to hire more workers and at a time when we have 8% unemployment, that's not something that a lot of businesses can afford. >> now, a lot of those same union leaders say, you get what you pay for, and there are offering cut raitt salaries to workers who might appreciate the jobs, but in the end, aren't going to be very happy in those...
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Jan 17, 2013
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this country faces, according to respondents of the latest gallup poll looking at the deficit and the economy and unemployment is far more important. public policy in washington. the president is going after our guns, unveiling the most sweeping set of gun-control proposals and nearly two decades here is this moments. the reson that there is so for the second amendment to prevail despite his assault. the decade-long assault weapons ban, which ran from 1994, it did not work. 1994 was a different year, by the way, then this year, 2013. and the political conditions are quite different because the reality of america is quite different. it is important to look back and think about the fact that in '94, the house, the senate, and the white house were all controlled by democrats. today republicans control just the house as the president likes to constantly remind us. back then president clinton pushed the assault weapons ban as part of a broader crime bill. it was not just an imperious and grabbed, but it was an important piece of legislation, and it was a different time. despite the prosperity, the
this country faces, according to respondents of the latest gallup poll looking at the deficit and the economy and unemployment is far more important. public policy in washington. the president is going after our guns, unveiling the most sweeping set of gun-control proposals and nearly two decades here is this moments. the reson that there is so for the second amendment to prevail despite his assault. the decade-long assault weapons ban, which ran from 1994, it did not work. 1994 was a different...
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Jan 17, 2013
01/13
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economy led to an early slide for gold. swung back late in the session and hit a one-month high settles at 1690.80 an ounce. >>> our top story is the frightening situation in algeria where a botched attempt to free hostages from bp's natural gas complex turned deadly. al algerian source tells reuters 30 hostages were killed. seven foreigners, two japanese, one britain, a french national. seven americans are missing. the white house is saying some are not accounted for. fox news learned two americans are on their way to london. bp is pulling nonessential personnel out of algeria. details here still very fluid. there is a lot of conflicting reports out there. here to help us sort it out, john bolton, former ambassador to the united nations. he is also a fox news contributor. i want to start out, can you put this in perspective for us. how big of a deal is it to the u.s.? >> i think we should consider it very significant. even though it is in algeria a long way away. when you combine it with the hostilities in mali, the fact t
economy led to an early slide for gold. swung back late in the session and hit a one-month high settles at 1690.80 an ounce. >>> our top story is the frightening situation in algeria where a botched attempt to free hostages from bp's natural gas complex turned deadly. al algerian source tells reuters 30 hostages were killed. seven foreigners, two japanese, one britain, a french national. seven americans are missing. the white house is saying some are not accounted for. fox news learned...
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Jan 17, 2013
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the only answer is to grow our economy explosivesively grow our economy. we'll have a lot more to talk about that. >> gretchen: you do fit the niche of trying to get lat tino vote back to the republican party. >> the immigration issue is important to hispanics because it's a family and personal issue. but it's not enough. the truth is, we have a lot to say that should apply to all americans, including those of hispanic descent on economic growth, upward mobility, education opportunities. it's just hard to get people to list stuff if they think you want to deport their grandmother. so that is one of the things we're facing now. plus it's right for america. we have to get this thing solved once and for all. we're tired of dealing with this northbound president bush 43 knows what you're saying and he saw the problems with the changing message he left. >> steve: all right. >> thank you. >> steve: real pleasure. >> brian: we'll see where the legislation goes because we know the president wants to do the same thing. >> we'll see what happens. >> steve: good luck
the only answer is to grow our economy explosivesively grow our economy. we'll have a lot more to talk about that. >> gretchen: you do fit the niche of trying to get lat tino vote back to the republican party. >> the immigration issue is important to hispanics because it's a family and personal issue. but it's not enough. the truth is, we have a lot to say that should apply to all americans, including those of hispanic descent on economic growth, upward mobility, education...
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Jan 17, 2013
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economy. >> susie: and from chipotle to dunkin' donuts, did fast food chains meet investors' appetites for big returns? we're talking food stocks. >> tom: that and more tonight on "n.b.r."! >> tom: we begin with banking. two giant financial powerhouses reported big gains in fourth quarter earnings today. j.p. morgan chase booked its third straight year of record profits. and goldman sachs reported fourth quarter earnings that were almost triple the same period a week ago. erika miller reports. >> reporter: before we get to jp morgan's profits, let's talk about the earnings of it's c.e.o., jamie n.
economy. >> susie: and from chipotle to dunkin' donuts, did fast food chains meet investors' appetites for big returns? we're talking food stocks. >> tom: that and more tonight on "n.b.r."! >> tom: we begin with banking. two giant financial powerhouses reported big gains in fourth quarter earnings today. j.p. morgan chase booked its third straight year of record profits. and goldman sachs reported fourth quarter earnings that were almost triple the same period a week...
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Jan 17, 2013
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self-reliance that will be very help informal this era of underemployment and structural issues in the economy. >> you think the ipad is the most important new development since the i.b.m. p.c.? >> i do. >> rose: because? >> because it -- i'll start with if you look at the time of day the most common time of day for people to use their ipad is between 6:00 p.m. and when they go to sleep. when what is that known in your line of work? that's known as prime time. and it turns out the ipad isn't the second screen when people are watching t.v. for people over the age of 40, when they're in bed watching t.v. with their ipad, the ipad's actually the thing they're paying attention to and the t.v. is the background noise, if something happens they look up and look at it. why is that important? first of all could you have imagine five years ago that there would be a product that would go from zero to 50 million yunz overnight and the single most common thing to do would be to read in the bed at night? a technology product? that was to me unimaginable five years ago. so i look at this and i wonder what i
self-reliance that will be very help informal this era of underemployment and structural issues in the economy. >> you think the ipad is the most important new development since the i.b.m. p.c.? >> i do. >> rose: because? >> because it -- i'll start with if you look at the time of day the most common time of day for people to use their ipad is between 6:00 p.m. and when they go to sleep. when what is that known in your line of work? that's known as prime time. and it...
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Jan 17, 2013
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this is a question of future economic opportunity here how is the economy going to grow? what kind of life our our people going to lead? that's why this matters so much. when you get to a gross debt of more than 100% of gdp, your future economic prospects are reduced. well, we've talked about the revenue side of the equation, the spending side of the equation. looking at the revenue, i showed a slight earlier to show the revenues at 1520% of gdp. typically if you look at the economic history of the country last 30 years, average revenue has been about 18.6% of gdp. but the last five times we have balanced the budget, revenue was not at 18.6% of gdp. it was close to 20%. you can see in 69, 98, 99, 2000, 2001, revenue and the times we balance was close to 20% at gdp. that kind of sets up the question of what the president proposed, because he was calling for $1.6 trillion of additional revenue. remember, that's not what we got in his last deal. it was 650 billion. but what he was going for was $1.6 trillion of revenue over the next six years. to put that in context, how muc
this is a question of future economic opportunity here how is the economy going to grow? what kind of life our our people going to lead? that's why this matters so much. when you get to a gross debt of more than 100% of gdp, your future economic prospects are reduced. well, we've talked about the revenue side of the equation, the spending side of the equation. looking at the revenue, i showed a slight earlier to show the revenues at 1520% of gdp. typically if you look at the economic history of...
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Jan 17, 2013
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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. >>> we are back at 8:21 with oils scar and tony-winning actress, catherine zeta-jones. she place the wife of a corrupt mayor in "broken city." >> when her husband hires a priva privateer to track her, she says he is following the wrong story. >> this is not what you think it is mr. taggert. >> i get fide take pitch perrers, not think. >> if that woman you put down the bottle for means anything, if the last seven years of your life means anything, walk away. if you think you are investigating adultery, mr. taggert, you don't know nicholass who set nicholas s who st very well. >> catherine zeta-jones, good morning to you. we want to talk about this movie is a good one. first we saw you at the golden globes the other night, you were a presenter which i think would be-racking than as a nominee. you sang your opening line. >> node choice. going to the nerves, i get nervous walking down a red carpet, litera
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. >>> we are back at 8:21 with oils scar and tony-winning actress, catherine zeta-jones. she place the wife of a corrupt mayor in "broken city." >> when her husband hires a priva privateer to track her, she says he is following the wrong story. >> this is not what you think it is mr. taggert....